“Valentyn Lazeya sometimes writes too clearly, so to speak, he has almost no diplomacy. He says it to their face because he’s giving me trouble. I still have someone from the National Bank who creates problems for me when he appears in public, and I don’t know how to stop him,” said the governor of the BNR on Wednesday at the presentation of the book by the chief economist of the BNR Valentyn. Lazea – ​​”Moral History of Monetary and Fiscal Policy”

What else did the governor of the BNR say?

• I have known him (Valentyn Lazeyu, editor-in-chief) since the 1990s, I think that he came to the National Bank in 1993, started from the bottom as a clerk, and has been writing very clearly ever since. Not all economists write clearly and comprehensibly. I had my own experience, sometimes traumatic.

• The teachers I studied with, Academician Murgescu and Academician Chiricescu, also wrote very clearly. It was their ability to put complex ideas into simpler words. The fact that they were both counselors; one to Finance, the other to Prime Minister Maurer, and he had to write clearly. Because otherwise a politician would come and hit you over the head with the material if he doesn’t understand what it’s about.

• I remember once I went with the material – research on convertibility. Talking about the convertibility of a currency in general was a bit of an exaggeration, not to mention a country where the lei was exchanged for other currencies only on the street corner and at great risk… Thus, this study was about convertibility, how the concept evolved, etc. I was influenced by the Anglo-Saxon doctrine. In this study, we said that competitive devaluation contributed to World War II.

• Professor Murgescu looked at me and said, “Come on, are you serious guy?” Is it so? There were many reasons for the start of the Second World War! And, by the way, now we will learn that the Poles actually started the Second World War, if we listen to Vladimir Putin!. Not the Germans, but the Poles, who were too harsh and because of the ATS…

• In retrospect, it was probably too much to say that certain monetary policies contributed to World War II, and he told me, “Shut up!” Get rid of this nonsense because it doesn’t work. In vain I explained to him that, however, it has a basis, that competing blocs were formed… Professor Murgescu repeated to me: take it out, it doesn’t work!

• Well, that’s how I noticed Valentine. Sometimes he writes too clearly, so to speak, almost without diplomacy. He says it to their face because he’s giving me trouble. Another person from the National Bank who causes me problems when he appears in public and I don’t know how to stop him,

• In Romania, there are not many works on economic topics that are treated in such a way as to reach a slightly wider audience. I sincerely congratulate him on this and consider this book a success.

• Then I had another reason, he indicates that he is an economist who thinks and who not only thinks but also makes you think, which is very important. He doesn’t shove ideas down your throat, he makes you think.

Watch a HotNews discussion with Valentin Lazea about his new book here: VIDEO The Moral History of Monetary and Fiscal Policy – A Discussion with Valentin Lazea on Democracy, Religion, Consumerism and the Economy